Twelve products may face trade origin fraud investigation: Authority

The Trade Remedies Authority of Vietnam TRAV under the Ministry of Industry and Trade has revealed a list of 12 products which are likely to face trade origin fraud or illegal transshipment investigations
twelve products may face trade origin fraud investigation authority

Illustrative image (Photo: baodautu.vn)

They include plywood made from hardwoods, foam cushions, wood cabinets, artificial stones, bronze pipes, steel couplers, steel wheels and pre-processed steel.

Gas cylinders, cardboard box staplers for export to the US, truck and coach tyres for EU export, and electric bicycles to the US and EU may also be subjected to investigation.

Those products enjoyed high export revenues in 2019.

Particularly, the revenue from wood cabinets increased to US$1.37 billion last year from US$913 million in 2018, a year-on-year surge of 50%.

US import of artificial stones from Vietnam expanded 2.5 times to US$118.2 million in 2019 from US$46.3 million the previous year.

Meanwhile, Vietnam’s export of truck and coach tyres to the EU surged to EUR69 million (US$75.03 million) in 2019. The country raked in EUR87.5 million from electric bicycle exports to the EU and US$18.6 million to the US in 2019.

In addition, investigations and anti-dumping measures have been imposed on similar products in other countries, including China, India and Turkey.

Under the Prime Minister’s Decision 824/QD-TTg on issuing the plan to strengthen the management on prevention of evasion of trade defence and origin fraud, the TRAV is responsible for building a system for reporting products involved in trade protection probes.

Source: VNA

Related News

Complying with regulations of each market for smooth fruit and vegetable exports

Complying with regulations of each market for smooth fruit and vegetable exports

VCN - According to Mr. Dang Phuc Nguyen (photo), General Secretary of the Vietnam Fruit and Vegetable Association (Vinafruit), with the development momentum and increasing consumption demand from the Chinese market, the Vietnamese fruit and vegetable industry is setting new records and is expected to reach an export turnover of US $10 billion by 2030. With great potential and advantages in developing agricultural products, Vietnam has been affirming its position as one of the world's leading agricultural exporters.
Coconut export enter acceleration cycle

Coconut export enter acceleration cycle

VCN - The opening of large markets and the proactiveness of enterprises in investing in deep processing and green transformation will create momentum for the Vietnamese coconut industry to enter a stronger growth cycle in the coming time.
The Middle East: a promising seafood export market for Vietnam

The Middle East: a promising seafood export market for Vietnam

VCN - Seafood exports to the Middle East experienced double-digit growth in 2024, placing the region among the top two fastest-growing seafood import markets, second only to China.
Preliminary assessment of Vietnam international merchandise trade performance in the first 11 months of 2024

Preliminary assessment of Vietnam international merchandise trade performance in the first 11 months of 2024

Highlights 1. According to trade statistics of Vietnam Customs, in November of 2024, a 4.1% downwards in total external merchandise turnover of Vietnam was recorded as compared to the result of October 2024. Exports went down 5.3 %, to USD 33.73 billion and imports decreased 2.8%, to USD 32.67 billion in terms of month-on-month basis. As a result, there was a USD 1.07 billion surplus in Vietnam’s trade balance in this month.

Latest News

Nearly 18,000 cases of smuggling, trade fraud and counterfeit goods detected

Nearly 18,000 cases of smuggling, trade fraud and counterfeit goods detected

The total estimated value of confiscated goods exceeded VNĐ31.35 trillion (US$1.23 billion), marking a 12.5 per cent increase in cases and a 151.3 per cent surge in the value compared to the previous year.
Customs seizes smuggled goods and infringing products worth VND31,000 billion

Customs seizes smuggled goods and infringing products worth VND31,000 billion

VCN – Smugglers have taken advantage business models on e-commerce platforms, social networks, and postal and express delivery activities to use sophisticated tricks for smuggling and trafficking counterfeit goods.
India launches anti-dumping investigation on nylon yarn imports from Việt Nam

India launches anti-dumping investigation on nylon yarn imports from Việt Nam

The Trade Remedies Authority of Việt Nam recommends businesses involved in the production of the goods carefully review the investigation notice and comply with Indian authorities.
Hanoi Customs: 92% of post-clearance audits reveal violations

Hanoi Customs: 92% of post-clearance audits reveal violations

VCN - According to Hanoi Customs, this year’s post-clearance audit plans focus on high-risk areas with signs of violations.

More News

Noi Bai International Border Gate Customs Sub-department: "Blocking" drugs via air

Noi Bai International Border Gate Customs Sub-department: "Blocking" drugs via air

VCN - Along with the recovery and growth of passenger and cargo flights, illegal drug transportation by air is on the rise with increasingly sophisticated and complex tricks and constantly changing methods of operation to deceive Customs and other authorities.
Drug Crime Investigation Police Force cracks down on nearly 29,000 cases

Drug Crime Investigation Police Force cracks down on nearly 29,000 cases

VCN - This is the result of the fight against drug crimes, recently reported by the Department of Drug Crime Investigation (C04, Ministry of Public Security).
Hai Phong Customs busts illegal import of 600 m3 of precious wood

Hai Phong Customs busts illegal import of 600 m3 of precious wood

VCN – About 600 m3 of illegally imported African teak wood, with an estimated total value of tens of billions of VND, has been seized by Hai Phong Customs Department.
Hai Phong Customs seizes a container of banned goods at port

Hai Phong Customs seizes a container of banned goods at port

VCN – Hai Phong Customs Department in coordination with relevant enforcement authorities has seized a container of used air conditioners subject to the list of prohibited imports.
Nghe An busts drug trafficking ring via aviation

Nghe An busts drug trafficking ring via aviation

VCN – December 25, Dien Chau District Police prosecuted Le Tien Duc, born in 2003, residing in Quynh Tan Commune, Quynh Luu District, for illegally transporting 2 kg of drugs.
Violations via e-commerce in HCM City  surges

Violations via e-commerce in HCM City surges

VCN - In 2024, HCM city Market Surveillance Department inspected and handled 379 violations of e-commerce, an increase of 392.2%; the value of violated goods was more than VND 8.6 billion, an increase of 1,128.57% compared to the previous year.
Tan Son Nhat Airport Customs commended for crackdown on smuggling

Tan Son Nhat Airport Customs commended for crackdown on smuggling

VCN - The National Steering Committee 389 has praised the Tan Son Nhat International Airport Customs Branch for its outstanding performance in combating smuggling, trade fraud, and illegal transportation of goods over the past two years.
Drug trafficking ring busted: Synthetic drugs concealed in pickled bamboo containers

Drug trafficking ring busted: Synthetic drugs concealed in pickled bamboo containers

VCN - Law enforcement agencies successfully dismantled two major drug trafficking operations, seizing a significant quantity of illicit drugs along with firearms and ammunition.
High-risk of foreigners colluding with drug traffickers to produce drugs in Vietnam

High-risk of foreigners colluding with drug traffickers to produce drugs in Vietnam

VCN – The Vietnamese Ministry of Public Security's Investigation Police Department on Drug-related Crimes (C04) said that the Chinese and Taiwanese (China) suspects colluding to illegally procedure synthetic drugs in Vietnam show high-risk.
Read More

Your care

Latest Most read
Nearly 18,000 cases of smuggling, trade fraud and counterfeit goods detected

Nearly 18,000 cases of smuggling, trade fraud and counterfeit goods detected

The total estimated value of confiscated goods exceeded VNĐ31.35 trillion (US$1.23 billion), marking a 12.5 per cent increase in cases and a 151.3 per cent surge in the value compared to the previous year.
Customs seizes smuggled goods and infringing products worth VND31,000 billion

Customs seizes smuggled goods and infringing products worth VND31,000 billion

VCN - The General Department of Vietnam Customs Department (GDVC), the smuggling, trade fraud took place complicatedly in 2024 on routes, regimes, locations, and even in cyberspace.
India launches anti-dumping investigation on nylon yarn imports from Việt Nam

India launches anti-dumping investigation on nylon yarn imports from Việt Nam

The Trade Remedies Authority of Việt Nam recommends businesses involved in the production of the goods carefully review the investigation notice and comply with Indian authorities.
Hanoi Customs: 92% of post-clearance audits reveal violations

Hanoi Customs: 92% of post-clearance audits reveal violations

According to Hanoi Customs, this year’s post-clearance audit plans focus on high-risk areas with signs of violations.
Noi Bai International Border Gate Customs Sub-department: "Blocking" drugs via air

Noi Bai International Border Gate Customs Sub-department: "Blocking" drugs via air

VCN - Deputy Head of Noi Bai International Airport Customs Sub-department Phung Quang Minh said that Noi Bai International Airport currently ranks first in the volume of import and export goods and second in the volume of passengers entering and exiting t
Mobile Version